

17
Excellence in elevation
The year of the railways
In 2014, the Energy Products segment
further consolidated its position as
North America market leaders in
elevators. Expansion into the Chinese
and European markets has followed,
with exposure significantly greater than
in the previous year. The development
of offshore projects in Singapore and
China has also offered the segment’s
main growth opportunities.
The most important contract awarded in
2014 was the framework agreement with
the Swiss Federal Railways for the supply
of some 2,800km of signalling cables to
upgrade the entire Swiss rail infrastructure.
In the same year, the Energy Products
segment also secured contracts for other
rail infrastructure programmes in Italy,
France and Denmark.